Qatari sheikh sells Hyde Park mansion to fellow Royal for £39m Property Transferring a luxury property between family members could be to take advantage of tax benefits or to avoid certain taxes associated with inheritance or property ownership.
Magic circle law firm Freshfields ups NQ salary to £150,000 Law Firm As the salary war in the legal market battles on, magic circle law firm Freshfields has just increased its NQ lawyers' salaries to £150,000
HSBC scraps bonus cap for hundreds of top bankers after tense annual meeting Banking HSBC shareholders have waved through the lender's proposal to set a new cap on bonuses, paving the way for it to hand massive payouts to hundreds of its top bankers, following a tense annual meeting dominated by questions over its pension policy and green finance.
Co-op Live: How Manchester’s new icon turned into a national joke May 3, 2024 The Co-op Live has turned into a national Jon Robinson
London rejects most planning applications despite housing crisis May 3, 2024 The majority of councils refusing at least one in two submissions for new housing in 2023 are disproportionately in London, new data shows.
HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024 May 3, 2024 HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
FCA chiefs set for Westminster grilling over ‘name and shame’ plans May 3, 2024 The grilling will be the latest in a series of skirmishes between the regulator and Westminster after Chancellor Jeremy Hunt waded into the debate this week, urging the FCA to “re-look” at the measures.
Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley May 3, 2024 Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded
UK economy continues recovery as services sector hits highest level of growth in a year May 3, 2024 The UK services sector saw a spike in new orders in April but cost pressures also increased at the fastest rate since August.
Anglo American shares surge as Glencore reportedly mulls a takeover May 3, 2024 Shares in Anglo American have shot to the top of the FTSE 100 this morning after reports that rival Glencore was mulling a potential bid for the firm.